Until now, PPAs have been negotiated and executed individually between different energy producers and off-takers, without common standards between them
WFW advises Ventient on acquisition of 443 MW Spanish wind and photovoltaic portfolio11 January 2022
The portfolio projects is located in the Spanish provinces of Palencia and Valladolid.
This is Europe’s largest solar corporate VPPA for the packaging industry to date.
We advised Kenergy Ventures BV on the formation and implementation of a joint venture agreement with Reden Development Spain S.L. to develop photovoltaic projects in Spain. This joint venture is the first step in a long-term alliance between Kenergy and Reden Solar to develop renewable energy projects in Spain.
RPC is a pan-European renewable energy investment platform established in 2020 by Canadian Pension Plan Investment Board. This JV marks its entry into Spanish renewable energy market.
The portfolio comprises 12 wind farms located in Aragon, North-Eastern Spain and is part of CIP’s €3.5bn Copenhagen Infrastructure III K/S (CI-III) energy infrastructure fund.
The 50 MW photovoltaic plant is under development in Jaén, Andalusia, Spain and construction will begin shortly.
The portfolio comprises 27 wind farms with secured grid connection rights in the Spanish province of Teruel.
The portfolio comprises 73 plants which produce over 355,000 MWh annually, representing enough clean electricity to supply more than 115,000 households.
This is the largest onshore wind PPA signed in Europe to date. The wind farms, which are under construction, will be connected to the grid over the next 12 months. They are expected to generate enough renewable power to provide for approx. 430,000 Spanish households.